Perseus plans another capital raising

Gold company Perseus Mining plans to undertake another capital raising as it placed its shares in a trading halt today.

Perseus, which is progressing its Ayanfuri gold project in Ghana, expects to make an announcement by or on Wednesday.

Shares in Perseus last traded at 88 cents.

Earlier this year, the company raised $8.5 million through a share placement, with each share priced at 50 cents each.

BGF Equities managed the placement of 17 million shares.